ICICI Direct Trade Racer is a trading platform that provides real-time streaming quotations and research calls, in addition to an integrated fund transfer mechanism and various watch lists. Trade Racer gives you the ability to discover market opportunities while enjoying the trading terminal’s fresh look and feel, which is loaded with additional features. The capabilities of ICICI Direct Trade Racer Web’s trading platform have been praised. And the purpose of this piece is to determine the truth behind the praises.
In this post, we will examine the ICICI Direct Trade Racer trading platform, focusing on its essential features, installation procedure, and advantages. Let’s get started.
About ICICI Direct Trade Racer Trading Terminal
As more and more firms move online, there should also be an online trading platform. The demand for an online trading platform has become increasingly urgent in recent years. Trade Racer is an ICICI Direct trading software that offers streaming live quotations and research calls. Additionally, it offers an integrated fund transfer mechanism and different watch lists. In addition to being jam-packed with new features, Trade Racer gives you the ability to find specific new market prospects. You will undoubtedly like the improved appearance and feel of the trading terminal.
In the field of full-service stockbroking, ICICI direct is a leader. As the trading branch of ICICI, it has respectable brand equity. When Trade Racer and ICICI Direct are combined, the ICICI Direct Trading Platform is activated. Trade Racer is terminal-based trading software from ICICI Direct, a full-service stock brokerage. iClick2Gain provides clients with access to trading and research-based calls to assist them in making fundamental and technical judgments. Therefore, the user must first download the program on his desktop or PC before initiating trading.
ICICI Direct Trade Racer- Key Features
There are new features that make it a viable online trading platform. We offer the following elements in our ICICI Direct Trade Racer Review –
- Real-time scanner: The Real-Time Scanner feature enables real-time stock scanning. It will also inform you of the lowest and highest daily, weekly, monthly, quarterly, and yearly prices for the script.
- Trend scanner: Trade Racer’s Trend Scanner analyzes intraday price movements to find companies that are trending based on previously selected technical characteristics. You will see that the scanner is available at a variety of script trend levels, including Bullish, Bearish, and Pivot.
- After login into the terminal, users can select the display that best meets their requirements. Three sorts of views are available: derivatives view, margin view (or the most recently logged-in session’s view), and analytical view. This function may be of great benefit to the user, as it allows him or her to choose how to begin the trading session at the beginning of the session.
- Users are also able to build several market watch lists (up to five), each of which may contain up to twenty securities.
- HeatMap is an additional tool that displays in green and red, respectively, which stocks have increased in value and which have decreased. It also facilitates swift decision-making in emergency situations.
- Customization: Users may also modify the user interface’s design, color coding, and grid layout to suit their preferences and needs.
- Simple access: You may also get access to the most valuable gainers, losers, or active stocks in terms of volume and price.
- Certain charting aspects may be used for detailed stock analysis, such as the use of a number of indicators for trading and investment reasons. Among the most prominent are the basic moving average, the time series moving average, and the weighted moving average.
- SnapView: Another tool called “Snap View” provides significant information about a stock, including Market Depth, Charts, Peer Group, corporate announcements, Pivot levels, etc.
- Specialist filtering: A full-service stockbroker, such as ICICI Direct, also provides guidance on specialized filtering and segmentation, including top revenue stocks, strong price momentum, top performers, and profitable firms, among others.
ICICI Direct Trade Racer – How to Set Up?
- The following configurations must be present on your computer in order to install the ICICI Direct Trading Platform and begin trading:
The operating system of your computer should be Windows XP, Windows 7, or Windows 8. (32 or 64 bit). - Intel Core 2 Duo CPU is required at least.
- The RAM of the system should be at least 2 GB, with the option of expansion to 4 GB.
- The screen’s resolution should be 1024 by 768 pixels.
- ICICI Direct Trade Racer contains a variety of tools for evaluating and trading. Download the Trade Racer Desktop Application from the Trade Racer website.
Download ICICI Direct Software Free For PC Instructions –
- Visit the website of www.icicidirect.com online trading.
- Select ‘Services’ from the main menu.
- Then, choose the option labeled “Trade Racer.”
- Click the “Download Trade Racer” button located at the bottom of the page.
- Install the program on your system.
- To launch the application, double-click the icon for Trade Racer.
- Enter your Login ID and Password to log in.
- Create and modify your two-factor authentication password.
- You have successfully logged in and may now explore the ICICI Trade racer program’s potential.
- Create a watchlist and begin trading.
This is how to quickly and efficiently configure the ICICIDirect Trade Racer Terminal.
ICICI Direct Trade Racer- Advantages & Disadvantages
Advantages
- The ability to change the layout and select alternative themes depending on personal desire. There are three themes from which to pick.
- This tool is for individuals who are interested in obtaining excellent performance with technical support. It is a sophisticated trading instrument suited for skilled traders and investors.
- Users get access to a variety of information, including international indexes from Asia, the United States, and Europe.
- The application is updated often based on user comments and requirements. As a result of the numerous requests for widgets, the option is now accessible. Instead of widgets, a window panel might be utilized for others. There are up to nine widgets that may be placed to the same screen, each with a unique function.
- Excessive information on the purchase and sale of shares, such as the number of purchasers. How many have been sold? How does it perform? Are readily shown in the program.
Disadvantages
- The time required to identify and repair an issue at any given point in time is lengthy. Although updates are implemented, the period between each update varies considerably.
- Those with a slower Internet connection will have software latency during peak periods and displaying the live market may or may not be possible.
- The costs are one of the stockbroker’s most important drawbacks. They are non-negotiable and rather costly compared to others.
Cost Of The ICICI Direct Trade Racer Trading Platform
Although downloading the program is free, there are additional fees associated with the transaction. There is a fee of 15 rupees for intraday trading. Delivery begins at 0.15 and 0.25 percent. The margin financing rate begins at 8.9 percent per annum, and options trading costs 20 rupees every order.
Conclusion
Before you begin trading on the ICICI Direct Trade Racer Trading Platform, you should weigh the software’s benefits and drawbacks carefully. Up until now, users have regarded this platform as a legitimate trading application. Initially, the user may have trouble comprehending, but with experience, he will become acclimated to it. Before determining whether or not to use this platform, ensure you have a comprehensive understanding of it. This concludes the post. Share your thoughts on the ICICI Direct Trade Racer review in the area provided below. You may also read the ICICI Direct review for further information.
FAQs
1.Ques: What is the ICICI Trade Racer Web?
Ans: ICICI Trade Racer Web is an expertly crafted program for Online Trading by ICICI. Multiple Widgets on a Single Screen, Order Window, Various Themes, Drag & Drop, and Widget Customization are some of the features that ICICI Trade Racer Web offers to traders. Streaming quotations, Live quotes, and a professional appearance are the primary characteristics of the ICICI Trade Racer program.
2.Ques: What does ICICI Trade Racer entail?
Ans: ICICI Trade Racer is an application for trading software developed by ICICI. The ICICI Trade Racer provides traders with a Multiple watch list feature, an integrated fund transfer mechanism, Research Calls, and Real-time streaming quotations.
3.Ques: Who is ICICI Trade Racer’s owner?
Ans: ICICI Direct, a leading name in India’s full-service stockbroking industry, is the owner of ICICI Trade Racer. ICICI Trade Racer is terminal-based trading software developed by ICICI Direct, the trading department of ICICI Bank. ICICI Direct is a full-service stockbroker.
4.Ques: Who owns ICICI Trade Racer?
Ans: The ICICI Trade Racer online is intended for traders who employ a web browser. ICICI Trade Racer Web is an online version of the terminal program ICICI Trade Racer.
5.Ques: What various trading platforms does ICICI Direct offer?
Ans: The ICICI Direct Trade Racer is accessible on all platforms. You may use ICICI Direct Trade Racer on your desktop computer, laptop computer, or via the Web version on the www.icicidirect.com online trading website. ICICI Direct Mobile App is also accessible when you are unable to utilize your desktop or laptop computer for trading or while you are on the go.